BIDV Review 79 - Jannuary & February 2022

Page 28

products & services

Thu Trang

BIDV reduces trade finance and international money transfer fees

F

rom 1 January 2022, BIDV is implementing a promotion program named BIDV Trade Up. Accordingly, businesses operating in the fields of import, export and international trade will receive a 50 percent reduction in service fees when conducting international money transfers, trade finance (LC issuance/ modification), and enjoy a reduction of 30 points in exchange rate for all foreign currencies transacted via BIDV iBank application. This is the biggest promotion program of the year applicable to both new and existing corporate customers, with no limit on the number and value of transactions. This promotion not only helps customers experience the modern digital banking service but also boosts their business activities with partners around the world. Besides the trade finance and international money transfer services,

complicated development of the Covid-19 pandemic. With the BIDV Trade Up promotion, BIDV continues to affirm its position as the leading digital bank in Vietnam, accompanying businesses in the digital transformation roadmap, as well as supporting the prevention, control and fighting against the Covid-19 pandemic. BIDV iBank also offers customers a variety of other online transaction services such as term deposit, 24/7 money transfer, payroll payment, payment to state budget, social insurance/health insurance, and currency trading, among others. The app connects directly with enterprises’ accounting/ERP system, thereby supporting the creation and sending of transaction documents right at the businesses’ management application software, ensuring convenience, accuracy and security, given the

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B I D V r e vi e w

This is a practical program to show gratitude to customers on the occasion of BIDV’s 65th anniversary. Thanks to relentless efforts in digital transformation, BIDV has been honored with “Excellent Digital Transformation Enterprise in 2021” award (as voted by Vietnam Digital Communications Association) and “Best Digital Bank in Vietnam” (as voted by The Global Finance). BIDV iBank was named the most innovative e-banking application in 2021 (Global Banking & Finance Review).


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Articles inside

Calligraphy - an ancient Tet art

2min
pages 32-33

Tet gifts for disadvantaged communities

2min
pages 34-36

The Tet tradition in Vietnam

3min
pages 30-31

A huge credit package for individual customers

1min
page 29

Fostering sustainable development in the pandemic

3min
pages 24-25

Partnering with NAPAS to launch DFS acceptance services

1min
page 23

BIDV reduces trade finance and international money transfer fees

1min
page 28

BSC sustains breakthrough growth

3min
pages 26-27

Building on successes for a higher jump

1min
page 21

BIDV named typical partner bank of NAPAS in 2021

1min
page 22

RCEP offers opportunities for promoting trade and investment

1min
page 20

New circular on foreign currency transactions with credit institutions

1min
page 19

FDI attraction hit over USD31 billion

2min
page 18

A year of breakthroughs for the corporate segment

3min
pages 12-13

BIDV pioneers in applying IFRS 9

1min
page 10

Rising to the challenge

4min
pages 14-15

Building solid foundations for sustainable growth

4min
pages 8-9

10 spotlights of BIDV in 2021

5min
pages 6-7

BIDV waives all transfer fees on digital channels

2min
page 11

BIDV named Best Digital Consumer Bank

1min
page 5

Maintaining growth momentum in 2022

4min
pages 16-17
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